Inheritances and debts are separate legal concepts, and whether or not you inherit debt depends on various factors, including the laws in your jurisdiction and the specific circumstances of the situation. Here are some key points to consider: Estate’s Assets and Liabilities: When a person passes away, their estate includes
Budgeting is often viewed as mundane and tedious, but what if you approached it as a game or challenge? By bringing a sense of adventure and fun into your financial journey, you can transform how you manage your money and achieve greater financial fitness. Read on to discover some unconventional
Even though you might be aware of how to budget your monthly expenses and avoid debt, there’s more to financial security than that. Right off the bat, you can start by establishing the difference between financial security and financial stability. Having financial stability means that you can pay off your
By Allison Anna Tait A prenuptial agreement can seem like something only high-profile people like Jeff Bezos – with his US$138 billion fortune to protect – actually need. But prenups – contracts entered into before marriage that detail how assets will be divided in the case of divorce – can be a
Medical debt is a significant burden and crisis that keeps many Americans awake, and it shows no signs of abating for over 30 million Americans. Presently, individuals owe more than $190 billion, causing financial distress with negative consequences for their well-being. Sadly, as healthcare costs continue to rise, many are
It’s easy to find articles explaining the 10 or more areas on your credit report that impact your score. Generally speaking, these lists are not wrong. However, they can be overwhelming and complicate the topic. Where should you really focus your efforts? What will help you get the credit rating
By Carlton Ryan Credit card debt has ruined many lives. Falling too far behind on what you owe to a credit card company can lead to bankruptcy and financial destitution. Whether you’re trying to recover from mistakes you’ve already made with credit cards, or are a first time card holder
On the list of best Valentine’s Day activities, talking about money ranks just below washing the dishes and cleaning the floor, but unlike those household chores, discussing the way you feel about your finances just might save your relationship. You might not want to lead with those money matters –
By Jeff Cox, CNBC Consumers grew a little more optimistic about inflation in April, though they still expect to be spending considerably more in the year ahead, a Federal Reserve survey released Monday shows. Inflation expectations over the next year fell to a median 6.3%, a 0.3 percentage-point decrease from
New York, NY – March 21, 2022: AG Letitia James attends press conference with union 1199SEIU leaders at union headquarters. (Shutterstock) NEW YORK – New York Attorney General Letitia James sent letters to the largest credit card companies and major debt collectors operating in New York, warning them of new state
